Lyme Grove, Droylsden, Manchester, M43

Street Guide For Lyme Grove, Droylsden, Manchester, M43

 

Lyme Grove, Droylsden, Manchester, M43 Map

Estimated Price: £97,778
Average Asking Price: £1,142,673
Price change in last one year: £6,810
Average Price Paid: £80,833
Average Rent Rates: £603

 

Property Prices Breakdown in Lyme Grove, Droylsden, Manchester, M43

Average Price for property in Lyme Grove, Droylsden, Manchester, M43 is around £97,778 which varies based on type of property you are interested in and ranges from £110,590 for semi-detached to around £80,307 for terraced house. Values have been changing and have risen £198 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £706 in last 6 months, £6,810 in last 1 year, £9,835 in last 2 years, £9,336 in last 3 years, £9,046 in last 4 years and £7,947 in last 5 years.

Currently average asking price of a property in Lyme Grove, Droylsden, Manchester, M43 is around £1,142,673 based on approximately 3 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £603 per month.

Estimated property value in Lyme Grove, Droylsden, Manchester, M43 is £97,778. Average asking price is £1,142,673 while average price paid is £76,333 which is up by £6,810 and Avg. asking rent £603.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Lyme Grove, Droylsden, Manchester, M43 area. In last 1 year alone average price buyer paid is around £76,333 based on approximately 3 sales in Lyme Grove, Droylsden, Manchester, M43 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £80,833. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £80,833 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £86,581 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £195,000, £102,339 for a 2 bedroom house, £127,673 for a 3 bedroom house, £181,475 for a 4 bedroom house and £189,950 for a 5 bedroom house. For a flat similarly the prices varies from £250,000 for a single bedroom to £89,950 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £114,950. To sum up the asking prices for properties in Lyme Grove, Droylsden, Manchester, M43 it comes to around average £222,500 for 1 bedroom property, £101,912 for 2 bedroom, £127,494 for 3 bedroom, £181,475 for 4 bedroom and £189,950 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £520 for 2 bedroom to £583 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £442. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £444. You should be generally be expecting around average £442 rent per month for single bedroom property, £508 for 2 bedroom and approximately £583 for 3 bedroom property in Lyme Grove, Droylsden, Manchester, M43 area.

Popular Houses in Lyme Grove, Droylsden, Manchester, M43

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Lyme Grove, Droylsden, Manchester, M43